IMF says Federal Reserve should delay rate hike to 2016

GMT 14:03 2015 Thursday ,04 June

Arab Today, arab today IMF says Federal Reserve should delay rate hike to 2016

International Monetary Fund (IMF)
Washington - Arab Today

The International Monetary Fund on Thursday called on the US Federal Reserve to put off its planned interest rate increase until next year.

The Fed "should remain data-dependent and defer its first increase in policy rates until there are greater signs of wage or price inflation than are currently evident," the IMF said in a new report on the US economy.

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